Entrepreneur
Name
Bitinari
Member since
August 2015
On-time repayments
32 installments • 72%
About Me
I am Bitinari Ongeri Elick who was born in Kisii county and later raised in Nairobi County. Nairobi is the capital city of the Republic of Kenya.
I managed to undergo the primary and secondary school the Kenyan system of education up to college level where i joined Social Work and Community Development course from Gusii Institute of Science and Technology where i attained a grade of Credit.
Through going hardships mostly of fee problem due to sudden death of my Mother through road accident, i decided to start a small business in clothing sales due to lack of employment opportunities in our country Kenya. I managed to save little money that i used as capital to start my current business.
During my childhood i dreamed to be a lawyer to help people to known their human rights and freedoms and also to get Justice in courts . My hobby is reading the Bible and novels, Travelling and making new friends.
My Business
I live in Nairobi where i do my business. My business entails selling of second hand clothes locally known as Mtumba. These goods are in demand locally for they are cheap, durable and affordable to the local citizens. I chose this business for it needed less capital to start and the goods are of high demand to the locally.
My typical cost are US dollar 120 into water and light bills. US dollar 80 for monthly rent for two shops. Averagely, i make revenue of about US dollar 550. So my net profit is US dollar 350 for a month.
My profit is used to basically paying school fees for my brother and sister in secondary and university respectively, also used to add stock to my business and give some donations to children's home.
Loan Proposal
If funded the loan, I will use the loan to purchase the following materials;
Men fashion trousers 10 pieces 1@ $ 8.0 costing $80.0
Women fashion ( short skirts ) 10 pieces 1@ $7.0 costing $70.0
Men , Women & Children caps 30 pieces 1@$1.5 costing $45.0
Men shirts long sleeves 10 pieces 1@$ 9.5 costing $95.0
Renovation materials costing$ 8.5.0
This loan will make my clients get the materials they want. My profit will increase to 95%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$298.00
Date disbursed
Dec 6, 2015
Repayment status
Late
Projected term
63 months
Other loans
Lenders
Burlington, Canada
United States
United States
Belgium
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